Hi, What do you think of silver? Some were predicting a "silver smackdown" this month (August). What do you think about that? Is silver starting to grow or is this just sideways trading? Because there have been more highs, higher highs, lower lows towards the and of July and beginning of August. To me it looks like something is about to happen.
Something could happen, seems to be going sideways for the past few months. I'm happy with whatever happens as long as silver doesn't go to high to quick
I don't really care, since I already swapped the euro's I had avail. The question is more like how many think of selling/getting out, and which price are they waiting for, haha. The $50 and $43 and $37,5 and $35 passed. Which price will they now risk waiting for? The futures position trend to come will give a clue, since that reflects a quite big part of the temporary purchases.